Trend Micro Incorporated
4704・Prime Market・Information & Communication
Governance
Company with a Board of Corporate Auditors. The Board of Directors consists of 6 directors (2 outside) and the Board of Corporate Auditors consists of 4 auditors (3 outside). A Nomination and Compensation Advisory Committee, chaired by an outside director, has been established under the Board of Directors to ensure independence and objectivity. The Board of Directors met 9 times in 2025.
Risk Management
Risk oversight is centralized under the Compliance, Security & Sustainability Committee, chaired by the Representative Director and Senior Executive Vice President. The company has established a framework that identifies product/service risks and internal infrastructure risks, and sets up an emergency response office (SWAT) to respond to unforeseen incidents. At the Committee meeting held in November 2025, the risk of business losses arising from growing customer interest in sustainability, as well as new risks and opportunities associated with the advancement of AI technology, were identified as key issues, and the response policy was approved by the Board of Directors in December of the same year.
Shareholder Returns
Continuing a full shareholder return policy targeting a payout ratio of 70%. The year-end dividend for the fiscal year ending December 2025 is ¥185 per share (annual dividend of ¥185), with total dividends of ¥24,175 million. For the fiscal year ending December 2026, there is no dividend at the end of the first quarter, and the year-end dividend has not yet been determined. Treasury shares of ¥4,999 million were acquired during the quarter.
Dividend Policy
The basic policy is to return the entirety of net income, after investments necessary for business growth, to shareholders without retaining internal reserves. The company aims to maintain the traditional dividend amount corresponding to a payout ratio of 70% for each period's return amount, with a policy of returning the entire distributable amount of the company (unconsolidated) for that period to shareholders in the following year through year-end dividends or treasury share buybacks in the subsequent fiscal year. Net income of consolidated subsidiaries is basically collected in its entirety each year as dividends to the parent company, increasing the company's unconsolidated net income. The year-end dividend for the fiscal year ending December 2026 has not yet been determined.
ESG
The Board of Directors has determined the Sustainability Basic Policy as well as individual policies on environment, ethics, labor and human rights, and sustainable procurement. The Compliance, Security and Sustainability Committee assesses ESG risks and opportunities semi-annually and reports to the Board of Directors at least once a year. In terms of human capital, under the philosophy of "Be Yourself, Be the Best Part of Yourself," the company optimally allocates talent globally and promotes AI literacy improvement across all employees. The ratio of women in managerial positions on a consolidated basis is 24.5% (18.6% on a domestic standalone basis), and the male childcare leave utilization rate is 58.8%. GHG emissions calculation is planned to be expanded to major subsidiaries as well. No specific numerical targets have been set at this time.
Last updated: March 26, 2026